In December 2014, Learer Company's manager estimated next year's total direct labor cost assuming 45 persons working an average of 2,000 hours each at an average wage rate of $30 per hour. The manager also estimated the following manufacturing overhead costs for year 2015 337,200 Indirect labor Factory supervision 186,000 Rent on factory building 158,000 Factory utilities 106,000 86,000 Factory insurance expired 528,000 Depreciation-Factory equipment Repairs expense-Factory equipment 78,000 Factory supplies used 86,800 54,000 Miscellaneous production costs $1,620,000 Total estimated overhead costs At the end of 2015, records show the company incurred $1,594,000 of actual overhead costs. It completed and sold five jobs with the following direct labor costs: Job 201, $622,000; Job 202, $581,000; Job 203, $316,000; Job 204, $734,000, and Job 205, $332,000. In addition, Job 206 is in process at the end of 2015 and had been charged $35,000 for direct labor. No jobs were in process at the end of 2014. The company's predetermined overhead rate is based on direct labor cost Required 1.a Determine the predetermined overhead rate for year 2015 Predetermined overhead rate Choose Denominator: Pre determine Overhead Rate Choose Numerator: Predetermine overhead rate